How to Make Offers on Houses – Step-by-Step Plan
Research & Preparation
• Determine your budget and get pre-approval from a lender.
• Research recent sales in the area to understand market value.
• Identify key property features and deal-breakers.
Due Diligence
• Review the contract of sale and seek legal advice if needed.
• Arrange building and pest inspections.
• Clarify any zoning, title, or easement restrictions.
Making the Offer
• Decide on an initial offer price based on market research.
• Consider including conditions (e.g., finance approval 2 weeks from signing date, building inspection, settlement period).
• Submit the offer formally in writing to the agent.
Negotiation
• Be prepared for counter offers and determine your walk-away price.
• Remain professional and stick to your budget.
• Adjust terms if needed to strengthen your offer (e.g., flexible settlement).
• Go for odd amounts to strengthen your position by stating you’re giving it your best – often experienced operators know your even money offers have more to give and look the same as all other offers – STANDOUT BE BOLD.
SERVICES
Home Lending
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SMSFs
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CONTACT
Joshua Trevitt
Ronda Trevitt
Admin Team
ADDRESS
JT Home Loans
20/107 Wells Road
Chelsea Heights VIC 3197
PO Box 12040
Carrum VIC 3197